SPI - Schedule Performance Index - Percentage Complete vs. Plan
Hi Wrike Team!
I propose adding a small tweak to the newly added Percent Complete indicator to tell you how your project is performing against plan.
SPI is a valuable performance metric on projects and portfolios, since it shows actual performance against planned project schedule.
Modifying the % Complete indicator would do the trick (example: 12% / 20%). 12% Earned Value / 20% Planned Value = SPI of 0.6 .
Now you not only know that your project is 12% complete, but that it is running 40% behind schedule! On-time/on-schedule performance will yield an SPI of 1.0.
This is a key metric used in Project Management. Wrike provides a nice article about Earned Value . . . but it seems there are few traditional EVM tools built in WRIKE analytics? https://www.wrike.com/project-management-guide/faq/how-to-calculate-earned-value-in-project-management/
Help a project manager out! Thanks.
Hi Casey,
i agree with you, it should be very useful to have such indicator, but unfornately i'm not able to find it in Wrike.
Any news about ?
Hi nicola mariucci, thank you for bumping this thread! There's no out-of-the-box solution for this in Wrike, but I think it can still be achieved using different functionality. For example, it's possible to use Gantt Chart snapshots where you can create baselines and compare the states your projects are in through different time periods. Another solution could be to use calculated custom fields and create formulas to track different dates, delays etc.
Lisa Community Team at Wrike Wrike Product Manager Become a Wrike expert with Wrike Discover
Lisa Wrike Team member Become a Wrike expert with Wrike Discover